iShares Ethereum Trust ETF

The iShares Ethereum Trust ETF is an exchange-traded product offered under BlackRock's iShares brand that is linked to ether, the native crypto asset of the Ethereum network. According to the issuer, the product aims to reflect generally the performance of the ether price; the CME CF Ether-Dollar Reference Rate - New York Variant is used as the reference price for valuation. Its shares trade on Nasdaq under the ticker ETHA.

ETHA is structured as a trust, and its assets consist mainly of ether. According to the trust's periodic reports, the ether holdings are kept with the custodian Coinbase Custody Trust Company. The issuer states clearly that the product is not an investment company registered under the Investment Company Act and does not have the regulatory protections offered by funds subject to that law. The investor acquires a product linked to the ether price through an ordinary brokerage account, without managing a crypto wallet or private keys. iShares offers a separate product for investors seeking staking returns.

ETHA's value is directly tied to the ether price; usage of the Ethereum network, network upgrades, general risk appetite in the crypto market and regulatory decisions can affect the price. The shares' market price may at times diverge from the trust's net asset value (NAV). The ETHA page on Lzzo.com features the US dollar price, its Turkish lira, euro and pound sterling equivalents, a historical chart, technical indicators, and the source of the data with the update time.